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Upwork

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An online work marketplace that connects millions of businesses with independent talents around the globe

San Francisco, United StatesFounded 2014eCommerce & Marketplaces
Valuation $931M Market cap · Aug/2026
Revenue $776M Latest reported FY
EBITDA $156M Latest reported FY

At a glance

Status
Listed
Founded
2014
Headquarters
San Francisco, United States
Listing
IPO 2018
Sector
eCommerce & Marketplaces
Power Law
Unicorn$1–10B valuation tierThoroughbred$100M+ revenue

Knowledge graph

News, research, reports and resources connected to this company by Dealroom
News Growwr raises $200K to connect African talent with global clients Jun 28, 2026 News Upwork secures $150M revolving credit facility from Bank of America Jun 23, 2026

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

Series B and later8 investors entered at this stage

Talent

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Employees mapped 176,996 incl. 637 AI specialists
Founders Hidden — book a demo/100 quality score
Key operators 252 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia 12 alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Alumni founders

5 of 12 startups shown

Former Upwork employees who went on to found companies, sorted by Dealroom signal score.

MiSaludEst. 2021
Bismarck LepeUnited States
Signal score95
Dreamdata.ioEst. 2018
Steffen HedebrandtDenmark
Signal score93
EdraEst. 2024
Yannis KaramanlakisUnited States
Signal score93
SintraEst. 2023
Rokas JudickasLithuania
Signal score90
PresetEst. 2019
Ardelle SeguritanUnited States
Signal score89
7 more alumni-founded companies in this previewBook a demo

Global footprint

Workforce and web traffic by country
Workforce by country
104 countries with
team presence
🇵🇰 Pakistan21.7%
🇧🇩 Bangladesh19.4%
🇵🇭 Philippines8.4%
🇺🇸 United States6.5%
🇰🇪 Kenya2.5%
Top 5 of 104 shown
Web traffic by country
35M monthly visits
across markets
🇺🇸 United States21.7%
🇵🇰 Pakistan12.8%
🇮🇳 India11.8%
🇵🇭 Philippines7.2%
🇧🇩 Bangladesh3.6%
Top 5 markets shown

Patents

Estimated portfolio value
$2M

17 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

Explore the patent portfolioPatent records, technology areas and peer comparisonsBook a demo

Investments and acquisitions

Disclosed deals where Upwork was the backer or acquirer, 2014–2025. Toggle between venture rounds, M&A, or both. The map below is grouped by the target company's sector — the colored pill on each chip is the round type.

Portfolio analysis

4 deals across Upwork's capital deployment.

Where the deals concentrate by sector, stage, and decade.

By sectorCount
    By stageCount
      By periodCount

        Where Upwork deploys vs peers

        Each axis is a Dealroom topic tag — picked from the cluster's most-tagged themes. Values are normalized per axis: the peer with the highest tag-coverage on that axis sits at the edge, others scale relative to them. Toggle between M&A, venture, or both.

        Compare against

        Upwork's portfolio, mapped.

        Stage
        Period
        4 of 4 deals

        Market sentiment

        Posts on X, past 7 days

        An AI-synthesised read of the highest-engagement posts about Upwork on X, ranked by likes and reposts, corporate channels excluded.

        Reading the room on X — pulling top posts and synthesizing themes…

        Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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        Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.

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